BANGALORE, INDIA -- (MARKET WIRE) -- 06/26/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- Iran's "Tenth Olefin Project," also known as theJam Petrochemical Complex, the largest olefin complex in the world, wasinaugurated on June 17 at the Pars Special Economic Energy Zone in theAssaluyeh region of southern Iran. With a final production capacity of 1.32million tons per year of high-density polyethylene, low-densitypolyethylene and polypropylene, the plant will serve as a source ofinput-feed for units in the production of plastics, industrial parts andautomobile parts. Technip (OTC:TKPPY) (Paris, France) is one ofthe main contractors involved in the project. Last year, Iran and Sasol(NYSE:SSL) (Johannesburg) jointly invested $1.3 billion in the AriyasasolOlefin Complex to bring a 1-million-ton-per-year ethylene unit intooperation.For details, view the entire article by subscribing to Industrial Info'sPremium Industry News athttp://www.industrialinfo.com/showNews.jsp?newsitemID=134803, or browseother breaking industrial news stories at www.industrialinfo.com.
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